Refer to problem 3 23 Find the variance and the standard
Refer to problem 3 23 Find the variance and the standard
Refer to problem 3-23. Find the variance and the standard deviation of hedge fund managers' income.
x ($ millions) P(x)
$1,700 ...... 0.2
1,500 ...... 0.2
1,200 ...... 0.3
1,000 ...... 0.1
800 ...... 0.1
600 ...... 0.05
400 ...... 0.05